India's Road to $10 Trillion Economy with Subhash Garg Former Secretary of Economic Affairs
Why does 50% of India’s workforce remain in agriculture while the U.S. has just 2%?
Despite all those hands in the soil, the sector contributes just 15-18% to the GDP.
While countries like the U.S. and Europe shifted quickly from agriculture to industry, India's progress was pretty slow. So, is it too late for India to catch up and move on from agriculture?
Although India did build textile mills and steel plants, its industrialization lagged behind faster-growing Asian economies like Japan, South Korea, and China, which aggressively pursued manufacturing.
So, what happened?
Well, India’s…
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